IMF Lists 9 TBTF Banks Likely to Struggle with Profitability
Unusual move identifies institutions by name… Read More IMF Lists 9 TBTF Banks Likely to Struggle with Profitability
Category: Faux Recovery
How Merkel’s Win May Hide Rising Discontent
With German Chancellor Merkel expected to win reelection on Sunday, the European elites may celebrate having turned back a populist surge, but their neo-liberal policies continue to fuel discontent… Read More How Merkel’s Win May Hide Rising Discontent
“Let Them Eat Debt!”
Here is a very short history of how debt became the currency of fear… Read More “Let Them Eat Debt!”
Inside the New Economic Science of Capitalism’s Slow-burn Energy Collapse
Why the struggle for a new economic paradigm is about to get real… Read More Inside the New Economic Science of Capitalism’s Slow-burn Energy Collapse
3 Major Banks Are Now Warning of Another Global Recession
Global assets are the least correlated they have been in a decade… Read More 3 Major Banks Are Now Warning of Another Global Recession
Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
The Wall Street Journal, Bloomberg News, the Business section of the New York Times and Washington Post ignored this bombshell story… Read More Federal Bank Regulator Drops a Bombshell as Corporate Media Snoozes
The Dark Underbelly of Spain’s Jobs Recovery
Where did all the workers go?… Read More The Dark Underbelly of Spain’s Jobs Recovery
Mark Blyth–“The Business Model of Investment Banking is Bust”
After decades of fuelling bubbles in stock markets, real estate and commodities, banks — particularly investment banks — have run out of ways to make money… Read More Mark Blyth–“The Business Model of Investment Banking is Bust”
Many European Banks Would Collapse Without Regulators’ Help: Fitch
Only two things keep these banks alive: “a State willing to support them and a regulator that does not declare them insolvent”… Read More Many European Banks Would Collapse Without Regulators’ Help: Fitch
Is Another Spanish Bank about to Bite the Dust?
Bank investors don’t like not getting bailed out. Now they’re worrying it could happen again… Read More Is Another Spanish Bank about to Bite the Dust?
Stupid Is As Stupid Does
If you prefer fake news, fake data, and a fake narrative about an improving economy and stock market headed to 30,000, don’t read this fact based, reality check article… Read More Stupid Is As Stupid Does
U.S. Has Worst Wealth Inequality of Any Rich Nation, and It’s Not Even Close
As the U.S gets wealthier, it is also getting steadily more unequal in wealth per adult… Read More U.S. Has Worst Wealth Inequality of Any Rich Nation, and It’s Not Even Close
